Russell 2000 Hits a Record With a 9-Point 2026 Lead and 34% Valuation Discount
The Russell 2000 closed at a record 3,052.85 on Thursday. Its 23% 2026 gain leads the S&P 500 by 9.1 percentage points. Yet its main exchange-traded proxy still trades at a 34.5% earnings-multiple discount to large caps.
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